The past bull cycle has shown how powerful social currents can be in crypto. DC-chain is designed to be a solution for involving smart contracts in the ecosystem. Is it so? Time will tell. At this point, if you buy DC, you either smart money or lose money. Given the risk/reward ratio, I prefer to have skin in the game.
Hello! with price now moving outside of the descending channel, does the ~.0049 target still feel in play or do you think we're heading downwards in the short term? I appreciate your opinion!
Tropnik
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@chrisdigi, Price fluctuation is about to testing resistance of both the global descending channel and the global descending triangle. And this testing takes place on a fairly large time frame, which speaks more about validity of growth patterns in the medium/long term than about the upcoming downward movement. Imo, DC expects a sideways in $0.0006-0.0009 range within several months.
chrisdigi
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that make sense @hash414, thank you for this and best wishes!